Outgoing law firm chiefs Tony Angel and Guy Beringer joined UBS GC Peter Kurer on a panel to discuss the state of the legal profession at a Legal Week event. The most controversial debate was sparked by Kurer, who took an uncompromising line on law firm fees. He said he believed that not only could U.K. law firms' impressive increases in profitability be attributed almost solely to higher hourly rates, but that in terms of efficiency they were "dysfunctional" and responsible for "bottlenecks."
UBS GC Speaks Out on Law Firm Fees
October 22, 2007